Broke 'Boston Globe' Renting Office Space

Don’t ask me to feel sorry for a news outlet sleeping in a bed of its own making. “The Boston Globe,” which is owned by the “New York Times,” both sold their souls to elect Barack Obama and his economic vision, and then re-sold their souls to convince enough people in 2012 that our faltering economy did not require new management.

Times are certainly tough for the newspaper industry. So tough, in fact, that many have started leasing out office space to make some extra cash. The New York Times reports that a paper it owns — The Boston Globe — has rented out empty space to startups and even bands:

The projects occupy what looks like a re-created living room, where a colorful mix of young entrepreneurs, gray-haired journalists and bands with names like the Street Dogs and Animal Kingdom pass through. Steps away, Globe reporters and editors pore over articles.

The Globe isn’t the only paper doing this. The Los Angeles Times is getting additional revenue by renting out its space to movie studios. Anyone seen Argo? The newsroom featured in the film is unused LA Times space.

That’s FishbowlNY cutting through the ridiculous spin in the original “New York Times” piece that laughably spins the “Globe’s: cash-strapped room-renting as something positive and geared towards the community. Here’s the ridiculous headline:

A Downsized Boston Globe Opens Its Space for Community Uses

You see, we’re not opening our space because the president we lobbied to get elected only made the economy worse. We’re not opening our space because our loss of credibility over the years cost us legions of readers. No, no, no… We’re opening our space (for a fee) because we’re all about the … community.

If the media won’t tell the truth about larger issues like Obama’s dismal economic record, why would they tell the truth about themselves?